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Dec 3, 2013 4:00am EST
the different parties were cleared by the french stock market regulators four years ago. under the french law, they could face sentences of up to two years in jail and the maximum fine of 1.5 million euros, which for a company the size of legarde is quite limited. ross. >> we'll see what happens. stepha stephane, for now, thank you. >>> the british prime minister is traveling to shanghai on day two of his visit. his comments are seen as paving the way to ensure successful business meetings with chinese investors. andrew leung is founder of andrew leung international consultants joining us now. what is the perception of british government in china compared with, say, germany or france? >> well, i think the impression is quite positive. you can see what's happening on china's twitter. david cameron is very, very popular and, of course, the uk and london hold special attraction for the china's middle class. this is the middle class as far as investment from europe and the uk. that's the interesting area in china. where things are changing so rapidly. so the press has been talking about china inv
Dec 5, 2013 4:00am EST
in development of this body of law and understanding how investors relate to one another vis-a-vis their claims against this bankrupt debtor, the city of detroit. >> i mean, this comes as we've seen a huge new investment in mu ni bonds from the likes of hedge funds. those who support this say, look, this will lead to greater trading, more transparency bond pricing and sort of a greater discipline on government. do you believe that and how are those investors going to react to detroit? >> well, the $4 trillion municipal bond market is really an interesting amalgamation of different types of investors. one note that we are all aware of is that there is less participation by sophisticated institutional investors who don't have a benefit from the tax exemption that we enjoy here against u.s. federal state and local taxes. so as these credits become stressed and distressed, and these situations emerge, firms like ours, other firms, become interested in the relative value of these bonds. so it's in these times and others, frankly, that we welcome a liquidity, the increased liquidity and the increased
Search Results 0 to 1 of about 2